An issuer is planning a new 5yr US Dollar bond. Exactly one…

An issuer is planning a new 5yr US Dollar bond. Exactly one year ago, it issued a 5yr US Dollar bond, which now has a T spread of 40bps and a G spread of 50bps. NICs are currently running at 15bps. 5yr UST yields are 0.5%. What is the expected yield on the new transaction, assuming all other parameters are the same as the previous issue?